Established Auto Repair Shop, with Real Estate

Not Disclosed, WA

Suburban East Side Puget Sound


Asking Price: Annual Revenue:
$795,000 $340,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Established Auto Repair Shop, with Real Estate Broker: Charles Morningstar
Owner Financing is Available!
Seller will consider, pending buyer qualification.

Quick Facts

Asking Price: $795,000
Annual Revenue: $340,000
Net Profit: Not Disclosed
Cash Flow: $128,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 3
BBN Listing #: 74232903
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

With over two decades in operation, and by offering full service automotive repairs services on European, Japanese, and domestic vehicles, this auto repair shop has established a great name and reputation in the community. With the real estate included in this business sale, this is a great opportunity to become your own boss while serving the members of a growing Puget Sound suburb. On the property there are two buildings, a home where the business office is located, and the shop where the work is performed. The home is large enough to allow for the rental of a second floor for either business or residential purposes. The shop has three bays, each with its own hoist. There is also an outdoor hoist for overflow work when needed. The shop is fully equipped and ready to for growth. If you are interested in learning more about purchasing this auto repair shop, please complete and submit our required non-disclosure agreement (NDA). After submitting your NDA, to contact the broker for this opportunity, please call Charles Morningstar.

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Property Features and Assets:

Real estate included. Two buildings; one older home which is partially used for the office, the rest could be rented out as office or residential space, for additional passive income and the shop. The shop is fully equipped with three bays and three hoists. There is also an outdoor hoist. There are thirteen parking spaces for customer vehicles.

Market Competition and Expansion:

Competition/Market: Traditional competitive landscape for the auto repair space. There are a number of competitors in town, some come and go over the years, while others have medium to long-term longevity. This business has an excellent central location with easy accessibility. Growth & Expansion: The business is not being operated at full capacity. There are three bays which could each have an affiliated mechanic. Right now, there is only the owner, a FT mechanic and a PT mechanic. The local market has sufficient capacity to secure a greater market share by adding mechanics to the business profile.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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